Given the following potential errors by the auditor, explain why one is more important than the other:
Question:
Given the following potential errors by the auditor, explain why one is more important than the other:
a. The auditor issues an unqualified audit opinion on financial statements that are materially misstated.
b. The audit evidence gathered on the audit supports a conclusion that the financial statements are materially in error, when in fact they are not materially in error.
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Related Book For
Auditing Concepts For A Changing Environment With IDEA Software
ISBN: 9780324180237
4th Edition
Authors: Larry E. Rittenberg, Bradley J. Schwieger
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